oilfield laying off

Discussion in 'Oilfield Trucking Forum' started by orangepicker, Jan 1, 2015.

  1. UKJ

    UKJ Heavy Load Member

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    Summer blend is more expensive to process than winter blend. For those who don't know you buy two separate types of fuel in summer vs winter. That doesn't make summer blend $100 a barrel though if winter is at $50.
     
  2. Ben Gunn

    Ben Gunn Medium Load Member

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    Summer blend refers to the chemical make up of the processed fuel, not the crude it's made from. This change in fuel processing for summer has no effect on crude prices. The summer spike in fuel prices is attributed to increased demand as people take vacations.
     
    chalupa Thanks this.
  3. UKJ

    UKJ Heavy Load Member

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    Yes and the supply vs demand will remain unchanged as we have a huge surplus of crude. So the only increases you're going to see is from the modified low evaporation summer blend as opposed to the less processed and thus cheaper winter blend fuel.

    If you're hoping for a huge spike in prices in the summer you may be in for a bit of a disappointment. I'd love nothing more than for $200 a barrel LOL but it's just not likely that summer is going to produce anything other a few extra cents a gallon. Demand isn't as big as you think, not many people vacation and travel like they used to.
     
  4. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    Gas is back up to $2.099 here in sw Arkansas.
     
  5. UKJ

    UKJ Heavy Load Member

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    it's about $1.98-$2.00 here but up until recently it was hovering around $4 so it's still a huge drop compared to where it was. All the other commodities are in a slump as well for the most part energy, agricultural, and precious metals markets have all taken a nose dive.
     
    Timboexpress and pathfinder1361 Thank this.
  6. cmbks21

    cmbks21 Medium Load Member

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    21St century gold is still high




    Ammo
     
  7. rebeccacowart1

    rebeccacowart1 Bobtail Member

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    My husband is retiring from the military soon and seriously looking into driving. However, we are hearing all sorts of horror stories about only making $500 a week, which we can't do. Any advice or info you could give about what to expect would be great!
     
    Last edited: Feb 10, 2015
  8. tobiasrook

    tobiasrook Light Load Member

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    cement is where the money is right now........sand has gone to s..t
     
  9. cmbks21

    cmbks21 Medium Load Member

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    Less drilling, less cement, oil is where its at, steady, just have to find the right company
     
    AC22 Thanks this.
  10. Mad Frenchman

    Mad Frenchman Light Load Member

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    Jan 8, 2014
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    Well not wanting to scare you but some companies have frozen hiring and will just hire to replace.
    of course still 3rd parties still hire but i wouldn't recommend them
     
    Seattle206 Thanks this.
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